The United States trade deficit: tariffs, the dollar’s dominance, and a broken balance
andrea.parisi | Published on: 9 Apr 2025, 9:06 p.m.
In 2022, the United States of America (U.S.) ran a trade deficit of $951 billions, a staggering figure that underscores a persistent economic reality: the United States imports far more than it exports. Every year, dollars flow out to pay for electronics from China, cars from Germany, and clothing from Vietnam, effectively bleeding purchasing power to the rest of the world. This im...
Read More →Supply and Demand
andrea.parisi | Published on: 8 Mar 2025, 8:10 p.m.
The theory of Supply and Demand is at the heart of modern economics, and is somehow shared from most schools of economics. Yet, I always found it hard to reconcile it with what happens to prices in the real world.
The theory dates back to the 1750s and is based on the intuition that the more a good is on demand, the higher the price will be, while the more supply is available of a given...
Read More →Green transition: lack of awareness of the magnitude of the problem
andrea.parisi | Published on: 27 Jan 2025, 6:02 p.m.
Climate change is a socially contentious issue. Recent years have witnessed iterated social conflicts on the subject, with the raising of green-voicing associations on one side, and strenuous defenders of the status quo on the other side. With the alarm raised by scientists regarding climate change, as well as the awareness of the role of the human population in preserving or altering the envir...
Read More →Inflation and price indices
andrea.parisi | Published on: 25 Sep 2024, 9:42 a.m.
Inflation has been in the headlines over the past few years: the steady rise of prices has become an ubiquitous concern, affecting businesses, investors, and everyday consumers. In simple terms, inflation is a sustained increase in the general price level of goods and services in an economy over time. It is often measured as an annual percentage change in the Consumer Price Index (CPI), which t...
Read More →Qualitative and quantitative economics
andrea.parisi | Published on: 1 Jun 2024, 6:45 p.m.
The terms "qualitative" and "quantitative" in research have different meanings depending on whether you work in soft or hard sciences. As Economics is a social science that tries to use methods of hard sciences, the use of these terms can be (and often is) misleading.
The term 'qualitative research' is used for research methodologies across various disciplin...
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